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B+
NoAgentList RatingHow are grades calculated? Info

$487,000

1006 Stanford Street, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,156 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$185.51 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size1,616 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1220740010005
Lot Number5
SubdivisionStanford Place
Land UseResidential
Legal DescriptionLT 5 BLK 1 STANFORD PLACE TOWNHOMES II
Census Tract410202
Assessed Land Value$155,800
Assessed Improvement Value$264,432
Assessment Year2025

About this property

Unbelievable opportunity to own a meticulously maintained home in a prime gated Montrose community close to local shopping, prime dining, and the amenities of Buffalo Bayou park. The selections of this home were done by an Interior Designer. Features include rich oak floors, bright and open chef's kitchen w/ dining island, huge master suite with custom lighting, bonus room off the master could be used as a kids bedroom or a large study—very spacious w/built ins and Elfa storage system, spa-like master bath with Carrara marble/designer tile/dual head rain shower, large master closet with built-in shoe rack, top-of-the-line basket weave carpet, 1st floor bedroom with full bath/designer paint/level 4 granite countertop, NEST thermostat on 3rd floor, new AC unit(2015), stainless steel appliances, and much more. Never flooded. Hurry, won’t last long at this price!

Investor Tools

Property Icon
$487,000
Estimated Property Value
$0Estimated Mortgage Balance
$155,546Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,922 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,264
$420,232
2025
$155,800
$264,432
$420,232
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,264
$420,232

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$365,750
No
First
Jun 28, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,454
$155,546
31%
68%
$2,193/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,573/mo
$-613/mo
4.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1006 Stanford Street | Property Details | No Agent List